ThredUp Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- James G. Reinhart
- Full Time Employees
- 2,132
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- 969 Broadway Oakland CA United States of America 94607
- IPO Date
- Mar 26, 2021
- CIK
- 0001484778
- Website
- thredup.com
- Similar Companies
- Business
- ThredUp Inc. (Nasdaq: TDUP) operates an online resale platform focused on secondhand apparel, shoes, and accessories for women and children; the company offers a consumer-to-consumer marketplace where buyers access premium and luxury brands at up to 90% off retail prices and sellers utilize clean-out bags, AI-powered listing tools, and consignment services to offload closets with payouts or charity donations; its Resale-as-a-Service (RaaS) provides brands and retailers such as Walmart and Nordstrom with white-label resale solutions including customizable programs, logistics infrastructure, inventory processing, and proprietary software for integrating pre-owned items into their e-commerce channels; additional consumer services encompass Goody Box for curated secondhand outfits, Rescue Box for discounted mystery bundles, Virtual Closet for wishlists and price tracking, Style Chat and Shop Social for AI-enhanced personalization, and a rewards program for sustainable purchases; ThredUp leverages advanced technology including AI for pricing algorithms, image recognition, quality control, search filtering, and sustainability metrics, supported by automated distribution centers and wholesale channels for bulk inventory sales. Founded in 2009 by James Reinhart, Chris Homer, and Oliver Lubin, and headquartered in Oakland, California, the company primarily serves the U.S. market across the internet retail segment of consumer discretionary, with approximately 1,630 employees and a focus on reducing fashion waste through circular economy practices. In late 2024, ThredUp divested its European subsidiary Remix via a management buyout led by General Manager Florin Filote for a symbolic €1 plus a €61.6 million convertible note repayable by 2034, retaining a 9% stake and providing $2 million in transition funding to sharpen focus on core U.S. operations; the company reinvested $25 million from this shift into domestic growth, driving Q1 2025 revenue up 10% to $71.3 million, gross margins to 79.1%, and new buyer acquisition surging 95% year-over-year via AI innovations; further advancements include premium consignment boosting average selling prices 15%, seven straight quarters of positive U.S. EBITDA targeting 4% for 2025, and expansion of high-margin RaaS partnerships amid 1.37 million active buyers.
Company News
ThredUp to Report Third Quarter 2026 Financial Results on November 4, 2026
Head to Head Survey: Winmark (NASDAQ:WINA) versus ThredUp (NASDAQ:TDUP)
ThredUp Expands Into Live Shopping with Whatnot
ThredUp Posts Record Q2, Navigates More Price-Sensitive Shoppers
ThredUp Posts Record Q2, Navigates More Price-Sensitive Shoppers
ThredUp to Participate in Goldman Sachs and Wells Fargo Conferences
ThredUp Releases Fifth Annual Impact Report
TDUP Investors Have Opportunity to Join ThredUp Inc. Fraud Investigation with SBS Law
ThredUp (TDUP) Securities Investigation Notice - Levi & Korsinsky
Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving ThredUp (TDUP)
TDUP Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into ThredUp (TDUP)
TDUP SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving ThredUp
ThredUp Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into ThredUp (TDUP)
Empowered Funds LLC Purchases Shares of 408,023 ThredUp Inc. $TDUP
ThredUp Collapses On Q2 Report, Shares Have Further To Fall
ThredUp Navigates K-Shaped Economy as Revenues Climb 17%
ThredUp Q2 Earnings Call Highlights
ThredUp Inc. (TDUP) Q2 2026 Earnings Call Transcript
ThredUp Announces Second Quarter 2026 Results
ThredUp to Report Second Quarter 2026 Financial Results on August 5, 2026